India hikes solar cell and module tax rate to 18%
The increased Goods and Services Tax rate for solar cells and modules is in part a response to the technology’s ability to “stand on its own two feet”, says energy minister.
Indian solar capacity triples in three years to push past 10 GW
Tweet by Indian power minister Piyush Goyal confirms that cumulative solar PV capacity in India has now risen beyond 10 GW, with a further 14 GW pipeline knocking at the door, and an additional 6 GW to be auctioned soon.
Mercom: India falls behind on installation targets
With 25 of India’s states falling behind on Renewable Purchase Obligation targets, the country’s Ministry of New and Renewable Energy (MNRE) is now requesting that the individual states take action to ensure compliance.
India tendered 1.7 GW of solar in December, finds Mercom Capital
Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.
OPIC and MNRE launch $20m Indian clean energy fund
U.S. Overseas Private Investment Corporation partners with India’s Ministry for New and Renewable Energy to launch USICEF – a fund designed to spur wider public and private financing for renewable power generation in the country.
